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$29 jump in the price of gold in the world market

In the trading of the last hours of the global market of precious metals, the price of gold rose by $28.9.

According to Mehr reporter Quoting from Kitco, in the last 24 hours of trading in the world market of precious metals, the price of gold per ounce increased by $28.9 and reached $2332.8.

This price is more than 54 dollars lower compared to a month ago; But it has experienced an increase of 373 dollars equivalent to 19% compared to last year.

Silver went up $0.62 in today’s trading and is now trading at $29.53 per ounce. The price of platinum per ounce also increased by 7 dollars and reached 958 dollars. Palladium also gained $4 to trade at $878 an ounce.

In the trading of the last hours of the American Stock Exchange, despite the 0.12% growth of the Zadek composite index, the Dowjones industrial index was negative by 0.15% and the S&P 500 also lost 5431 units. 0.04 percent.

According to Fxstreet, the reason for today’s increase in the price of gold is that many investors in this market believe that in a few months and before the end of 2024, the Central Bank of America will reduce the bank interest rate in this country.

On the other hand, rising political tension in Europe has led to an increase in demand for gold as a safe asset.


© Webangah News Hub has translated this news from the source of Mehr News Agency
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